Home > Salary > Ecuador > Entry Level Actuarial Analyst
An entry-level actuarial analyst is responsible for analyzing data and providing statistical information to assess risks and make informed decisions. They work in insurance companies, financial institutions, and consulting firms. Their main tasks include collecting and organizing data, performing calculations using actuarial models, preparing reports, and assisting in the development of pricing strategies and risk management plans. Actuarial analysts also collaborate with other professionals, such as underwriters and claims adjusters, to evaluate insurance policies and claims.
Estimated Yearly Salary: 213,085,174 ECS
Estimated Monthly Salary: 17,757,098 ECS
Estimated Weekly Salary: 4,097,792 ECS per week
Estimated Hourly Salary: 102,445 ECS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 17,176,988 ECS
Estimated Weekly Salary: 3,963,920 ECS per week
Estimated Hourly Salary: 99,098 ECS per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 7,574 USD
Estimated Monthly Salary: 631 USD
Estimated Weekly Salary: 146 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 213,085,174 ECS
Estimated Monthly Salary: 17,757,098 ECS
Estimated Weekly Salary: 4,097,792 ECS per week
Estimated Hourly Salary: 102,445 ECS per hour
By working as Entry Level Actuarial Analyst a person can save up to 379 USD per month or 4,545 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ecuador, see costs of living in Ecuador.
Estimated Yearly Salary for Entry Level Actuarial Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Entry Level Actuarial Analyst salary in Ecuador
Average Yearly Salary of Entry Level Actuarial Analyst in Ecuador is approximately 213,085,174 ECS (7,574 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Entry Level Actuarial Analyst do?
An entry-level actuarial analyst is responsible for analyzing data and providing statistical information to assess risks and make informed decisions. They work in insurance companies, financial institutions, and consulting firms. Their main tasks include collecting and organizing data, performing calculations using actuarial models, preparing reports, and assisting in the development of pricing strategies and risk management plans. Actuarial analysts also collaborate with other professionals, such as underwriters and claims adjusters, to evaluate insurance policies and claims.
Skills: actuarial analyst, entry-level, risk assessment, data analysis, insurance industry, financial institutions
Job industry: Insurance
Job industry: Insurance
How much does Entry Level Actuarial Analyst make?
Salary details
How much does Entry Level Actuarial Analyst make?Estimated Yearly Salary: 213,085,174 ECS
Estimated Monthly Salary: 17,757,098 ECS
Estimated Weekly Salary: 4,097,792 ECS per week
Estimated Hourly Salary: 102,445 ECS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 206,123,861 ECSEstimated Monthly Salary: 17,176,988 ECS
Estimated Weekly Salary: 3,963,920 ECS per week
Estimated Hourly Salary: 99,098 ECS per hour
Last revision of data: 2024-01-03Entry Level Actuarial Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,574 USD
Estimated Monthly Salary: 631 USD
Estimated Weekly Salary: 146 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Ecuador is a country located in South America, bordered by Colombia to the north, Peru to the east and south, and the Pacific Ocean to the west. It has a population of approximately 17 million people and covers an area of about 283,561 square kilometers.
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Entry Level Actuarial Analyst job salary compared to average salary in Ecuador.
Comparison shows that a person working as Entry Level Actuarial Analyst in Ecuador earns on average:
1.3 times the average salary (or 130% of average salary).
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Entry Level Actuarial Analyst job salary compared to average salary in Ecuador.
Comparison shows that a person working as Entry Level Actuarial Analyst in Ecuador earns on average:
1.3 times the average salary (or 130% of average salary).
Is Entry Level Actuarial Analyst a well paid job?
Yes, our data shows that Entry Level Actuarial Analyst is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Entry Level Actuarial Analyst?
High salary for Entry Level Actuarial Analyst would be somewhere between 234,393,691 ECS and 308,973,502 ECS. However this is an estimation based on Gaussian Distribution.How much can you save working as Entry Level Actuarial Analyst in Ecuador?
Living in Ecuador the approximate monthly expenses are: 252 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 213,085,174 ECS
Estimated Monthly Salary: 17,757,098 ECS
Estimated Weekly Salary: 4,097,792 ECS per week
Estimated Hourly Salary: 102,445 ECS per hour
By working as Entry Level Actuarial Analyst a person can save up to 379 USD per month or 4,545 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ecuador, see costs of living in Ecuador.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Colombia, Peru. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Entry Level Actuarial Analyst
Colombia is 7,795 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Ecuador
(1,855,980,438 ECS per year, pre-tax.)
2. Cardiologist
(1,555,155,042 ECS per year, pre-tax.)
(1,492,481,780 ECS per year, pre-tax.)
4. Neurosurgeon
(1,451,252,556 ECS per year, pre-tax.)
(1,445,038,889 ECS per year, pre-tax.)
(1,418,984,151 ECS per year, pre-tax.)
(1,418,715,651 ECS per year, pre-tax.)
(1,416,409,138 ECS per year, pre-tax.)
9. Oncologist
(1,414,323,101 ECS per year, pre-tax.)
10. Urologist
(1,413,729,680 ECS per year, pre-tax.)
Data as of 2025Random salary:
Academic officer (161,961,034 ECS per year, pre-tax.)
Circus performer (134,174,166 ECS per year, pre-tax.)
Front end manager (73,749,909 ECS per year, pre-tax.)
Applications development manager (338,789,094 ECS per year, pre-tax.)
Vice president (vp), planning allocation (507,353,657 ECS per year, pre-tax.)
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